In a Local University, 10% of the Students Live in the Dormitories

question 102

Short Answer

In a local university, 10% of the students live in the dormitories. A random sample of 100 students is selected for a particular study.
a.What is the probability that the sample proportion of students living in the dormitories is between 0.172 and 0.178?
b.What is the probability that the sample proportion of students living in the dormitories is greater than 0.025?

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Issue Price

The price at which a new issue of securities (like stocks or bonds) is offered to the public by an issuer.

Decrease Rate

The rate at which a quantity is reduced over a specific period of time.

Weight Loss

The reduction of the total body mass, with an aim to improve fitness, health, and/or appearance.

Strip Bond

A debt security that has had its main components, such as principal and coupon payments, separated into individual parts and sold as zero-coupon bonds.